BLS: Prov. metro second-highest jobless rate decline in U.S. among 51 large metros

THE PROVIDENCE-Warwick metropolitan area had the second-highest unemployment rate decrease over the year in October in the nation among 51 metro areas with a 2010 Census population of 1 million or more, the U.S. Bureau of Labor Statistics said.
THE PROVIDENCE-Warwick metropolitan area had the second-highest unemployment rate decrease over the year in October in the nation among 51 metro areas with a 2010 Census population of 1 million or more, the U.S. Bureau of Labor Statistics said.

PROVIDENCE – The Providence-Warwick metropolitan area had the second-highest unemployment rate decrease over the year in October in the nation among 51 metro areas with a 2010 Census population of 1 million or more, the U.S. Bureau of Labor Statistics said Monday.
Forty-eight large areas had over-the-year unemployment rate decreases, two had increases, and one had no change.
The Providence metro had an unemployment rate of 4.7 percent, a decline of 1.6 percentage points from October 2014, according to the federal agency.
The largest jobless rate decrease – 1.8 percent – was reported in Los Angeles-Long Beach-Anaheim, Calif.
Detroit-Warren-Dearborn, Mich. matched the Providence metro with a 1.8 percentage point decline, the federal agency said.
The jobless rate increases occurred in Houston-The Woodlands-Sugar Land, Texas (+0.4 percentage point) and Raleigh, N.C. (+0.3 point).

Bismarck, N.D., and Fargo, N.D.-Minn., had the lowest unemployment rates in October at 1.8 percent each. Yuma, Ariz., and El Centro, Calif., had the highest unemployment rates, at 23.2 percent and 21.8 percent, respectively, the BLS said.

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